S.Africa Cuts Interest Rate For First Time In Five Years
South Africa's central bank slashed its key interest rate for the first time in five years Thursday, as the continent's ...
Tag: Standard & Poor’s
Moody’s Downgrades Top S.African Banks, Insurers, Councils
Credit ratings agency Moody's on Tuesday said it had downgraded a slew of top South African banks, insurers and local ...
GCC Nations Issue More Threats Against Qatar
The United Arab Emirates (UAE) threatened to impose an economic embargo against Qatar while Bahrain said "any options" were on ...
S&P Cuts Qatar’s Credit Rating One Notch To AA-
S&P Global Ratings on Wednesday cut Qatar's credit rating by one notch to AA- and put it on watch for ...
S.Africa In Recession As Economy Shrinks 0.7% In Q1
South Africa's economy unexpectedly contracted in the first quarter of this year, pushing the continent's most advanced economy into its ...
South Africa In Recession As Economy Shrinks 0.7% In Q1
South Africa's economy contracted in the first quarter of this year, pushing the continent's largest economy into its first recession ...
Zuma Ally Returns To Head S.Africa Power Utility
The former chief executive of South Africa's state-owned power utility is to return to the post, officials said Friday, less ...
AkzoNobel Rejects Third PPG Takeover Bid
The world's leading paintmaker AkzoNobel on Monday turned down a third revised offer bid from US-based rival PPG, saying it ...
Africa Eco Summit Eclipsed By S.Africa Political Row
Africa's flagship business and political summit being held in Durban this week has been overshadowed by a bitter fight exposing ...
South African Court Orders Zuma To Explain Shock Cabinet Reshuffle
A South African High Court Thursday ordered President Jacob Zuma to reveal the documents he used to justify the controversial ...
Government Lobbies Investors For US$1bn To Implement ‘One District, One Factory’
Investor interest in the government's district industrialisation programme (DIP), christened 'One District, One Factory' (ODOF), is gathering momentum, with financial ...
Rival S.African Parties Unite At Anti-Zuma Protest
Rival South African opposition parties joined forces on Wednesday when several thousand demonstrators marched through the capital Pretoria calling for ...
S.Africa’s Axed Minister Warns ANC Risks Losing Vote
South Africa's sacked finance minister on Sunday warned in a speech disrupted by ANC members that the ruling party risks ...
S. Africa To Re-Think Nuclear Deal After Junk Status
South Africa's ruling party on Sunday said the government will have to re-think its costly and highly contentious nuclear expansion ...
Mourn, Don’t Criticise At Memorials, Zuma Warns Colleagues
South Africa's President Jacob Zuma on Saturday hit out at critics within his own camp telling them not to use ...
Fitch Cuts South Africa’s Credit Rating To ‘junk’
Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political instability ...
Large Street Protests In South Africa Against Zuma
Thousands marched through major South African cities Friday demanding the resignation of President Jacob Zuma after his sacking of the ...
South Africa’s ANC Backs Zuma In Reshuffle Dispute
South Africa's ruling ANC party Wednesday expressed support for President Jacob Zuma after senior members openly criticised his cabinet reshuffle, ...
South Africa’s Top Trade Union Tells Zuma To Go
South Africa's powerful trade union federation Cosatu, a key coalition partner of the ruling ANC, on Tuesday called for embattled ...
South Africa’s Credit Rating Cut To Junk
South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that ...